Larry W. Reaugh, President and C.E.O. of American Manganese Inc.(TSX-V:AMY)( OTC PINK:AMYZF) (FSE:2AM) is pleased to report on new government actions that will positively affect lithium-ion battery recycling around the world.
The regulations and government actions are as follows:
“These actions are signs that governments are looking to incentivize innovation,” said Larry Reaugh, CEO of American Manganese. “AMY’s pilot testing has surpassed the proposed recovery regulations and positions the Company front and center in the effort to meet these new government objectives”.
AMY also reports progress on other fronts:
AMY’s research and development contractor, Kemetco Research, has obtained preliminary results on the previously announced cathode material samples received from the U.S. Department of Energy’s Critical Materials Institute project and will be announced when completed.
batteries greatly favours AMY’s Pilot Plant tested technology as a leader in closed circuit green technology for recovering of up to 100% of the valuable cathode metals,” said Mr. Reaugh.
The Company expects to receive a proposal from Kemetco on the budget for the Preliminary Economic Assessment and engineering design in the near term. In support of the commercialization plans, American Manganese is applying for a second grant application from the Canadian Government. American Manganese looks forward to providing updates to these initiatives when possible.
American Manganese Inc. is a critical metals company focused on the recycling of lithium-ion batteries with the RecycLiCoTM Patented Process. The process provides high extraction of cathode metals, such as lithium, cobalt, nickel, manganese, and aluminum at battery-grade purity, with minimal processing steps. American Manganese Inc. aims to commercialize its breakthrough RecycLiCoTM Patented Process and become an industry leader in recycling cathode materials from spent lithium-ion batteries.
Talisker Resources Ltd. (TSX: TSK) (OTCQB: TSKFF) is pleased to a... READ MORE
GoGold Resources Inc. (TSX: GGD) (OTCQX: GLGDF) is pleased to an... READ MORE
HIGHLIGHTS New high-grade silver and lead vein system discovered ... READ MORE
Drill Highlights: 100% of all holes completed to date on the Sure... READ MORE
Titan Mining Corporation (TSX: TI) announces the results for the... READ MORE
We acknowledge the [financial] support of the Government of Canada.